BWFG vs SMBC: Correlation
Bankwell Financial Group, Inc. (BWFG) and Southern Missouri Bancorp, Inc. (SMBC) show a strong relationship: their 3-year correlation of weekly returns is 0.75.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BWFG and SMBC?
Over the past 3 years, BWFG and SMBC moved with a correlation of 0.75, which is strong. Little has changed lately, as the 1-year reading of 0.72 lands near the 3-year figure. Over 5 years the correlation is 0.64, and the annualized covariance of weekly returns is 587.0 %².
In BWFG's tracked universe of 13 assets, SMBC sits right near the top at #3. Their recent paths diverged sharply: over the last 12 months BWFG outperformed by 26.8 percentage points (+57.5% for BWFG against +30.7% for SMBC).
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
BWFG vs SMBC: side by side
| BWFG (Bankwell Financial Group, Inc.) | SMBC (Southern Missouri Bancorp, Inc.) | |
|---|---|---|
| 1-year return | +57.5% | +30.7% |
| 5-year return | +149.4% | +79.4% |
| Volatility (ann.) | 26.8% | 29.4% |
| Beta vs S&P 500 | 0.73 | 0.81 |
| Max drawdown (3Y) | -24.7% | -29.2% |
| Market cap | $0.5B | $0.8B |
| P/E (trailing) | 12.3 | 11.6 |
| Dividend yield | 1.22% | 1.32% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BWFG | SMBC |
|---|---|---|
| 2022 | -8.2% | -10.7% |
| 2023 | +5.8% | +18.9% |
| 2024 | +6.4% | +9.4% |
| 2025 | +50.3% | +4.8% |
| 2026 | +46.3% | +27.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BWFG and SMBC good diversifiers for each other?
To a limited degree. At 0.75 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between BWFG and SMBC?
The BWFG/SMBC correlation stands at 0.75 on a 3-year window (1 year: 0.72, 5 years: 0.64), computed from weekly returns as of 2026-08-27.
Is SMBC a good diversifier for BWFG?
To a limited degree. At 0.75 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.75 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/bwfg-vs-smbc.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/bwfg-vs-smbc/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BWFG correlations · SMBC correlations
